Wired finally publishes an article talking about the inevitable decline of the human workforce.
It may be hard to believe, but before the end of this century, 70 percent of today’s occupations will likewise be replaced by automation. Yes, dear reader, even you will have your job taken away by machines. In other words, robot replacement is just a matter of time. This upheaval is being led by a second wave of automation, one that is centered on artificial cognition, cheap sensors, machine learning, and distributed smarts. This deep automation will touch all jobs, from manual labor to knowledge work.
I’ve been talking about this for some time. In much less than 87 years I think the vast majority of jobs performed by human beings today will not only no longer be done by humans, but many simply won’t exist at all.
It won’t be that long before driving an automobile will be illegal since human drivers are simply error-prone nightmares of high-speed carnage. Besides, humans are too unpredictable to put on roads that will be optimized for travel by highly advanced distribution algorithms. So there won’t be any human cab drivers, truck drivers, train engineers, airplane pilots, bus drivers, road cleaners, etc…
Well before the end of the century just about anything to do with construction or manufacturing will be automated. Houses will be ordered in a catalog and a huge machine will lumber out to the lot and within a few weeks, presto! new house. Skyscrapers will be built by robots.
It is hard to come up with any job that humans will do that aren’t associated with producing some sort of content intended for consumption by other humans. Writing, painting, composing, sculpting, etc. Pretty much anything else you can think of will be done faster, cheaper and more efficiently by machine.
What sort of economic model can we come up with that will work in such a society? Will money itself become obsolete?